Can I retire at age 40 with 777,000?

Use the below retirement simulation to view the chances of a successful retirement.
Confused? Try the simple retirement calculator
About Your Retirement ?
Current Age
Retirement Age
Current Savings $
Annual Deposits $
Annual Withdrawals $
Stock market crash:
Portfolio ?
% in Stocks:
% in Bonds:
% in Cash:
Modify Stock Returns:
0%
Modify Bond Returns:
0%
Modify Cash Returns:
0%
Modify Inflation:
0%
How much money do I need to retire?

This retirement calculator runs simulations based on past data from the S&P 500, 10 Year Treasury Bond, 3 month T-Bill, and US inflation. For each year of each simulation, a random return and inflation amount is chosen.

How to use: Enter your current age and the age when you retire. Then enter your current savings, the amount that you can save annually before you retire, and the amount that you plan to withdraw after retirement. Your annual deposits and withdrawals take inflation into account. For example, if you need $50,000 to live on in retirement using today's dollars, we will automatically take into account the cost of living for your retirement years. The same is true for your annual deposits. Next, decide if you'd like to simulate a stock market crash.

In the portfolio section, choose the makeup of your portfolio with stocks, bonds, and cash. Cash assumes that your money is stored in a savings account. You can then alter the future returns and inflation. For example, if the market has historically returned about 10%, but you think the future will be worse, modify the stock returns by -3%, and the future returns will average out to 7%. Investment fees can also lower stock market returns. Many index funds and ETFs offer extremely low fees and expenses.

Many people receive income in retirement, such as social security, pension plans, part time jobs, annuities, and other benefits. This would allow you to take out smaller distributions every year. Please note that taxes must also be considered, but are not used in this simulation. A 401k, Roth IRA, and Traditional IRA are taxed differently than a standard investment account, as are dividends.

Note: This assumes that the future is at least somewhat like the past. In reality, anything could happen. The Soviet Union collapsed, Japan's Nikkei Index is still well below its 1989 peak. Numerous other markets have changed drastically and never recovered. However, this online tool is helpful in retirement planning and estimating how much you might need for retirement, especially those hoping to retire early. We recommend receiving advice from a financial planner.

Want to retire with $777,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.4%
1 years$64,164$63,592$63,035$62,491$61,959$61,084
2 years$31,764$31,173$30,599$30,044$29,504$28,624
3 years$20,966$20,372$19,800$19,249$18,719$17,861
4 years$15,568$14,975$14,409$13,868$13,350$12,522
5 years$12,330$11,741$11,182$10,652$10,149$9,352
6 years$10,172$9,587$9,037$8,518$8,030$7,266
7 years$8,631$8,051$7,510$7,003$6,531$5,799
8 years$7,476$6,902$6,369$5,875$5,418$4,719
9 years$6,578$6,009$5,485$5,004$4,563$3,896
10 years$5,860$5,297$4,782$4,314$3,888$3,252
11 years$5,273$4,715$4,210$3,754$3,344$2,739
12 years$4,784$4,232$3,737$3,293$2,897$2,324
13 years$4,371$3,825$3,338$2,907$2,527$1,983
14 years$4,017$3,477$3,000$2,581$2,215$1,700
15 years$3,710$3,176$2,708$2,301$1,950$1,463
16 years$3,442$2,914$2,455$2,061$1,723$1,263
17 years$3,206$2,684$2,234$1,852$1,528$1,094
18 years$2,997$2,480$2,040$1,669$1,359$950
19 years$2,809$2,298$1,867$1,508$1,211$826
20 years$2,641$2,136$1,714$1,366$1,082$720
21 years$2,489$1,989$1,576$1,239$968$628
22 years$2,350$1,857$1,453$1,127$868$549
23 years$2,224$1,737$1,341$1,026$779$481
24 years$2,109$1,627$1,240$936$700$421
25 years$2,003$1,527$1,149$855$630$369
26 years$1,906$1,435$1,066$782$567$324
27 years$1,815$1,351$989$715$512$284
28 years$1,732$1,273$920$655$462$249
29 years$1,654$1,201$856$601$417$219
30 years$1,582$1,134$797$552$377$193
31 years$1,514$1,072$743$507$341$169
32 years$1,451$1,014$694$466$308$149
33 years$1,391$960$648$428$279$131
34 years$1,336$910$605$394$252$115
35 years$1,283$863$566$363$229$102
36 years$1,234$820$529$334$207$89
37 years$1,187$778$495$308$188$79
38 years$1,143$740$464$284$170$69
39 years$1,102$703$435$262$154$61
40 years$1,062$669$407$241$140$54
41 years$1,025$637$382$223$127$47
42 years$989$607$358$205$115$42
43 years$955$578$336$190$105$37
44 years$923$551$316$175$95$32
45 years$892$525$296$162$86$29
46 years$863$501$278$149$78$25
47 years$835$478$261$138$71$22
48 years$809$457$246$127$65$20
49 years$783$436$231$118$59$17
50 years$759$417$217$109$53$15

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $777,000, adding $5,841 every year, while hoping to spend $25,459 every year in retirement. These numbers increase with inflation.
Reality usually performs much different than the expected returns. This uses historical averages, but anything can happen. In general, riskier investments have greater returns on average, but more volatility in the short term.
Age Total: 100% Stocks Total: 100% Bonds Total: 100% Cash Total: 58/26/16 Blend
39$777,000$777,000$777,000$777,000
40$862,279$821,098$809,054$908,400
41$923,143$834,244$809,070$953,448
42$989,362$847,180$808,232$999,229
43$1,061,456$859,870$806,486$1,048,548
44$1,139,995$872,274$803,774$1,101,752
45$1,225,608$884,350$800,034$1,159,220
46$1,318,988$896,051$795,204$1,221,372
47$1,420,897$907,329$789,215$1,288,671
48$1,532,172$918,132$781,997$1,361,626
49$1,653,737$928,404$773,478$1,440,800
50$1,786,609$938,086$763,579$1,526,815
51$1,931,905$947,115$752,221$1,620,354
52$2,090,858$955,422$739,319$1,722,172
53$2,264,824$962,936$724,785$1,833,103
54$2,455,296$969,580$708,526$1,954,064
55$2,663,920$975,273$690,445$2,086,069
56$2,892,506$979,927$670,441$2,230,236
57$3,143,049$983,451$648,408$2,387,796
58$3,417,745$985,746$624,235$2,560,108
59$3,719,016$986,708$597,807$2,748,672
60$4,049,524$986,226$569,003$2,955,140
61$4,412,207$984,182$537,696$3,181,337
62$4,810,296$980,451$503,753$3,429,272
63$5,247,354$974,901$467,036$3,701,163
64$5,727,303$967,390$427,401$3,999,455
65$6,254,466$957,771$384,697$4,326,846
66$6,833,604$945,883$338,766$4,686,309
67$7,469,961$931,561$289,444$5,081,124
68$8,169,315$914,625$236,559$5,514,907
69$8,938,032$894,889$179,930$5,991,645
70$9,783,124$872,152$119,371$6,515,736
71$10,712,319$846,203$54,686$7,092,028
72$11,734,127$816,819$0$7,725,868
73$12,857,929$783,764$0$8,425,599
74$14,094,056$746,787$0$9,205,394
75$15,453,894$705,623$0$10,063,112
76$16,949,986$659,993$0$11,006,694
77$18,596,153$609,601$0$12,044,891
78$20,407,623$554,134$0$13,187,352
79$22,401,174$493,261$0$14,444,711
80$24,595,295$426,632$0$15,828,689
81$27,010,356$353,878$0$17,352,205
82$29,668,803$274,609$0$19,029,498
83$32,595,369$188,412$0$20,876,264
84$35,817,305$94,853$0$22,909,803
85$39,364,641$0$0$25,149,182
86$43,270,465$0$0$27,617,286
87$47,571,238$0$0$30,364,925
88$52,307,137$0$0$33,390,639
89$57,522,431$0$0$36,722,724
90$63,265,904$0$0$40,392,358
91$69,591,311$0$0$44,433,898
92$76,557,887$0$0$48,885,203
93$84,230,904$0$0$53,787,991
94$92,682,288$0$0$59,188,233
95$101,991,298$0$0$65,136,587
96$112,245,273$0$0$71,688,874
97$123,540,455$0$0$78,906,607
98$135,982,900$0$0$86,857,572
99$149,689,476$0$0$95,616,463
100$164,788,967$0$0$105,265,594